Investment will accelerate the company’s business development among VA hospitals and commercial payers
SOMERVILLE, Mass., May 9, 2019 — Podimetrics, a care management company with the leading solution to help prevent costly and deadly diabetic foot ulcers (DFUs), today announced it has closed a $13.4 million Series B funding round. Participants included Rock Health, Norwich Ventures, and Scientific Health Development. The new funding will accelerate Podimetrics’ growing presence within the Veterans Affairs (VA) health care system and commercial payers nationwide.
“Diabetic foot ulcers are one of the most devastating and costliest diabetes-related complications. In fact, data suggest that today as many as one out of every three dollars spent on diabetes is linked to lower extremity complications,” said Podimetrics co-founder and CEO Dr. Jon Bloom. “At Podimetrics, we are…